Advertisement

Dinarland Highlights for January 20, 2023

0
317
Advertisement

Dinarland Highlights – 1.20.23

MarkZ

[via PDK]

I am still being told the process is going…the process is working. And I cannot find anybody who thinks it will go as long as 2024. So please quit worrying about that.

I am still hearing nothing negative…but it’s still quiet on the RV front. We had a flurry of information last week and now we seem to be in a lull. I assume it’s because of the NDA’s that went out…  I’m not panicking…I am definitely not thinking it’s delayed to 2024…NONE of my contacts think it any way will go in 2024…

Please treat…as rumors as they are clouding things on purpose…  A contact in Iraq gave me a rate. And somebody else gave me a “heads up” from what one of their Scandinavian bankers told them on Iraq and the possibility of a NEER rate. I am being told they are pushing hard for a full RV reset but that Iraq is prepared again if the reset is stalled to release the NEER. The latest value I am hearing from 3 different sources is $1.66 if they pull a NEER (Nominal Effective Exchange Rate)…I am hearing this from two different European contacts and someone in Iraq…their comments about the NEER today gave me warm fuzzies to know that something is going to move forward no matter what.  My contact over there still says they have every expectation of going by the 31st

______________________________________________________

Henig (KTFA)

The dollar has gone down… the dollar has gone down“… cheers from the audience as Al-Sudani entered the Basra stadium

Quote:
the audience chanted: “Download the dollar…Download the dollar in the dialect.

IMO: Very poor translation in the headline there. It’s not past tense, as the headline wants to show. They’re calling for the Dollar to be devalued…

______________________________________________________

Frank26 (KTFA)

[Iraq boots-on-the-ground report]

FIREFLY: The CBI came out and spoke because everyone is pointing fingers at the CBI.  All they keep saying is the rise is for a reason.  It’s for the new electronic platforms that were in place to make sure that the dollar reached the one who needed it and not through other means illegally.  This is absolutely new… streets are beginning to now start talking about how CBI is hurting every day citizens.

FRANK: I don’t blame you that you went to the CBI and you protested…The platforms that they’re talking to you about, are where the dinar is going to float.  There’s nothing wrong with you as a citizen to put pressure on the CBI…

Article:
“For the first time… $100 jumps over 165,000 dinars in Iraq”

THE USD EXCHANGE RATE WILL FLUCTUATE UNTIL THE IQD FLOATS INTERNATIONALLY.

Question:
Is [A currency book] how banks in the United States are going to check for counterfeit bills Or should we find a bank with some sort of machine?”

Some will send them off to the mother bank if it’s a small bank.  That’s why I encourage you to go to a big bank.  Some of them might use just the currency book and that would probably be the smaller banks…You just don’t want to lose sight of your dinars wherever you go.  If you give them, they better give you the equivalent in American money.  Don’t let them take your dinars

______________________________________________________

MilitiaMan (KTFA)

They’re about to make a change and it’s expected not only by the citizens but also by the Ministries.  They’re all expecting something to happen from the CBI…

Advertisement

______________________________________________________

Clare (KTFA)

Article:
The Wall Street Journal reveals the scenes of the Fed’s tightening of the dollar in Iraq

Quote:
the Federal Reserve Bank in New York began imposing stricter controls on international transactions of dollars by Iraqi commercial banks in November 2022, in a step to reduce money laundering and illegal seizure of dollars that go to Iran and other countries in the Middle East that are subject to severe sanctions.

Article 2:
Iraq Economy Reels as U.S. Moves Against Money Flows to Iran — WSJ

Quote:
Iraqi banks had operated under less stringent rules since shortly after the 2003 U.S. invasion that toppled Saddam Hussein. Almost two decades later, American and Iraqi officials said they have decided it was time to bring Iraq’s banking system into compliance with global money-transfer practices. 

______________________________________________________

Kaperoni

I remind people…Iraq currently has over 100 trillion dinar in circulation. There is no possible way that can ever significantly RV the Iraqi dinar unless they gradually remove the currency in circulation first.

______________________________________________________

Bruce (The Big Call)

[via WiserNow]

…the so called Super whales – wow that’s got to be a big player…started being paid out and given access to funds… Wednesday…And it’s continuing now…the good news is …we don’t have to wait on the Super whales to be paid out…we could start exchanges possibly as early as tomorrow [Friday] or Saturday… Things are looking very strong for us right now…I’m excited because I think we’re finally…coming down the homestretch…and we’re getting ready to let her fly.

______________________________________________________

Advertisement

Pimpy

The truth of the matter is we have no idea how much Iraqi currency is in circulation.I’ve read articles talking about for…5 or 6 years Iraq was spending somewhere in the neighborhood of a billion dollars…buying the dinars back and destroying them [a] soldier was telling his friend that when he was in Iraq…he had to log in their currencies as they destroyed it.  As soon as he said that I asked him about it. I said, ‘You’re talking about the new [dinar]?  The dinars of today?’  He said, yeah.

I said, ‘Did they say why they were destroying them?‘ He didn’t know why but their job was to protect their currency and so he had to log in a list of serial numbers and they were destroying it.  He said they destroyed a ton of it.  Even though it says there’s 157 trillion dinars that are in circulation how many of them are actually in circulation …that’s one of the question I have.  I know this for a fact Iraq was trying really hard to figure out what is and is not in the hands of speculators and how many dinars are actually out there

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

______________________________________________________

If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we’ll forward your request to the author.
______________________________________________________

All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.

Copyright © 2022 Dinar Chronicles

Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here